News
Sri Lanka’s choices in unsound money, inflation in the historical context
3+ hour, 23+ min ago (1833+ words) Thursday February 12, 2026 7:12 am ECONOMYNEXTX " Sri Lanka is now emerging from a peacetime (Latin America style) external sovereign default triggered by extreme macro-economic policy to target potential output with high inflation with the help of unsound money. Sri Lanka has had…...
Sri Lanka’s choices in unsound money, inflation and social unrest in the historical context
6+ hour, 53+ min ago (1830+ words) Thursday February 12, 2026 7:12 am ECONOMYNEXTX " Sri Lanka is now emerging from a peacetime (Latin America style) external sovereign default triggered by extreme macro-economic policy to target potential output with high inflation with the help of unsound money. Sri Lanka has had…...
Sri Lanka’s Central Bank keeps its OPR unchanged at 7.75, as expected
2+ week, 1+ day ago (1455+ words) Wednesday January 28, 2026 7:39 am ECONOMYNEXT " Sri Lanka's Central Bank kept its Overnight Policy Rate (OPR) unchanged at 7.75 percent at at its meeting held on Tuesday, the Bank said in a statement.. The OPR has been steady since May last year. Here…...
Sri Lanka rupee trading weaker, bond yields steady
1+ mon, 5+ day ago (1737+ words) Wednesday January 7, 2026 11:32 am ECONOMYNEXT " Sri Lanka's rupee was quoted weaker at 310.10/20 to the US dollar in the spot market Wednesday, from 310.00/10 the previous day, dealers said, while bond yields opened broadly steady. Analysts have warned the central bank not to…...
Sri Lanka current account surplus $82mn in Nov 2025, rupee falls faster
1+ mon, 1+ week ago (1733+ words) Thursday January 1, 2026 12:33 pm ECONOMYNEXT " Sri Lanka has recorded an 82 million dollar surplus in the external current account in November 2025, central bank data showed, with the rupee falling faster than the deficit month of October. According to revised data, Sri Lanka…...
Sri Lanka budget deficit down 73-pct, current account Rs304bn in surplus to Nov
1+ mon, 2+ week ago (1756+ words) Sunday December 28, 2025 10:32 pm ECONOMYNEXT " Sri Lanka's overall budget deficit fell 73 percent to 325 billion rupees and revenues grew 35.5 percent to 4945 billion rupees, as economic activity recovered and the central bank maintained monetary stability, missing its inflation target. Up to November, there…...
Sri Lanka budget deficit down 73-pct, current account in surplus to November
1+ mon, 2+ week ago (1773+ words) Sunday December 28, 2025 10:32 pm ECONOMYNEXT " Sri Lanka's overall budget deficit fell 73 percent to 325 billion rupees and revenues grew 35.5 percent to 4945 billion rupees, as economic activity recovered and the central bank maintained monetary stability, missing its inflation target. Tax revenues grew 36.8 percent…...
Global credit outlook weakens amid tariffs, geopolitical strain: Fitch
7+ mon, 1+ week ago (855+ words) Saturday July 5, 2025 4:37 pm ECONOMYNEXT " The increased tariffs, US policy uncertainty and elevated geopolitical risk are creating a more challenging macroeconomic environment, Fitch Ratings has said. "Four key themes remain key to watch that could alter our base case expectations in…...
Sri Lanka urges China to invest in pharmaceuticals, help with essential drugs
9+ mon, 1+ week ago (994+ words) ECONOMYNEXT " Sri Lanka's Health Minister Nalinda Jayatissa has urged the Chinese Ambassador in Sri Lanka to help with investment in the pharmaceutical sector and assist with essential drugs that are ... Thursday May 1, 2025 10:28 pm ECONOMYNEXT " Sri Lanka's Health Minister Nalinda Jayatissa…...
Ceylon Chamber Indo-Lanka trade forum looks at strengthening bilateral trade
10+ mon, 2+ week ago (532+ words) The Indo-Lanka Chamber of Commerce and Industry (ILCCI) of The Ceylon Chamber of Commerce held a discussion on strengthening bilateral trade between India and Sri Lanka. Thursday March 27, 2025 10:50 am ECONOMYNEXT " The Indo-Lanka Chamber of Commerce and Industry (ILCCI) of The Ceylon Chamber…...